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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: SARMAN who wrote (13210)	10/20/2008 6:17:19 PM
From: Elroy Jetson	Read Replies (3) \| Respond to of 71475

GM doesn't need any pressure from Chevron or other large oil firms to screw-up. Chevron owns 50% of Cobasys (the maker of batteries for the GM Volt) and, after years of losing money, has offered their share to GM at a large discount. If nothing but electric cars could be sold from this day forward, oil firms could profitably find, produce and sell oil products long after your Grandchildren have Grandchildren. If demand for gasoline were gone by edict, the company-owned retail stations are a gold-mine in properties for development easily handled by Chevron Land & Development. .

To: SARMAN who wrote (13210)	10/21/2008 8:51:24 AM
From: Real Man	Read Replies (1) \| Respond to of 71475

Oil was 10 in the late 90-s, and the range of electric car was poor due to poor battery technology. It is still poor. The all-electric technology is also too expensive for the mass market. EV1 was not commercially viable, could not possibly be. Too bad GM and F pursued Hybrid for gas guzzlers. Hybrid gas guzzlers do eat less gas, but they still eat a lot. Chevy Volt does look good on paper, since the gas engine extends its range. The delay is due to battery technology - it is still "not there" for an electric car.